It may be hard to believe, but from March to November 2020, there was a 17.5% jump in the number of new apartments sold in Israel, compared to the corresponding period in 2019. This surprising statistic is partly driven by a significant increase in apartments purchased for investment purposes. As a result of the steep...

Despite a quasi-lockdown, the holiday of Chanuka, and another lockdown, many deals, of all different sizes, closed around the country as the year 2020 came to a close. The following is a selection of real estate deals that took place during the month of December 2020. The idea is to give our readers a general idea...

Going to the polls for the fourth time in two years will likely have a significant impact on the Israeli residential real estate market. The political instability increases the chances that the housing prices will continue to rise while making it more difficult than usual for the government to respond. Additionally, a major reform that...

While a large number of restrictions were raised during November following the High Holiday lockdown, the country is still nowhere near back to normal. Many schoolchildren are still learning remotely from home; most malls are closed; and theatres, event-halls, and gyms remain shuttered with no end in sight. Yet, real estate deals are continuing to...

Contrary to initial estimates that rent would drop due to the economic crisis brought on by Covid-19, the Central Bureau of Statistics (CBS) published surprising data indicating a steady rise in rental prices in Israel. The cities of Tel Aviv and Ashdod are leading the trend, with an average increase of 3.5% in rental prices...

New construction in the center of Modi’in recently drew attention to the rapidly growing city, established just 25 years ago between Jerusalem and Tel Aviv. The project attracted an onslaught of eager contractors, one of whom ultimately paid a record price for a slice of Modi’in real estate. Israelis once saw Modi’in as a sleepy...

For the past six weeks, the Israeli public has been severely restricted in their movement. Many stores and businesses have been forced to shutter, and real estate agents in Israel have not been permitted to show properties. Yet, despite the limitations and rules of conduct, deals have closed throughout the country as home-buyers and investors...

Covid-19 has caused a sharp decline in the number of cross-border transactions for the purchase of apartments in Israel by foreign residents around the world. There was a 60% decrease in the number of apartment purchases in Israel compared to both the first quarter of 2020 and the second quarter of 2019, and a 27%...

The following is a selection of Israel real estate deals that took place throughout the country during September 2020*. The idea is to give our readers a general idea of property prices in Israel, the real estate market, and activities taking place around the country. Tel Aviv: A 5-room apartment, 120 sqm with a 25...

The following is a selection of real estate sales in Israel that were recently closed. This gives our readers a general idea of the residential market and the activity taking place around the country. Jerusalem: A 6-room villa, 178 sqm on 4 floors, located on Yair Street, Baka, was sold for NIS 5,950,000 (Jackie Bitensky...